When the American Newspaper Guild held its annual convention in Washington last June, the delegates agreed unanimously that the Guild should get into the newspaper business itself. By persuading other union groups to help it start papers, the Guild hoped to combat the increase in newspaper monopolies, i.e., one-publisher cities, and the drop in newspaper jobs. But last week in a membership referendum to authorize an initial expenditure of $50,000 to help start a newspaper, Guild members overwhelmingly (7,426 to 3,192) voted down the proposal. Said one Guild executive vaguely: ". . . People are always skeptical about spending $50,000 on...
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